Oklahoma’s slowdown in the oil and gas industry is reflected in the latest figures for permits to drill and completion reports from the Oklahoma Corporation Commission. The number of Intents to Drill permits issued in the first half of 2019 was 2,549, down from the 3,356 permits issued for all of 2018. That’s a decline …
Oklahoma regulators are considering an application by ONEOK to construct a new pipeline and facilities at its Medford Natural Gas Liquids Processing Plant. The Medford NGL Plant is a natural gas liquids fractionator. Demethanized NGL is gathered from natural gas processing plants and brought to the facility via pipeline. The facility receives raw NGL from two …
** ONEOK, Inc. will release fourth quarter and year-end 2019 earnings after the market closes on Feb. 24, 2020. ONEOK’s executive management will participate in a conference call the following day at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time) on Feb. 25, 2020. The call also will be carried live on ONEOK’s website. ** Cheniere …
Plans by Texas-based Energy Transfer to double the crude oil capacity of the Dakota Access Pipeline are being challenged by Iowa regulators. Iowa wants Energy Transfer to prove through expert analysis that doubling the line’s capacity won’t increase chances of a crude oil spill. Texas-based Energy Transfer wants to double the capacity of the pipeline …
The South Dakota Water Management Board on Tuesday approved five water permit applications for Keystone XL pipeline construction. The hearing was so contentious that it stretched into a dozen days over the course of four months as American Indian tribes and environmental groups argued against their approval. After holding a brief period for public …
Halliburton Co. on Tuesday reported a fourth-quarter loss of $1.65 billion, after reporting a profit in the same period a year earlier. The Houston-based company said it had a loss of $1.88 per share. Earnings, adjusted for asset impairment costs, came to 32 cents per share. The loss came as Halliburton wrapped up hundreds of …
Colder weather with the liklihood of snow and sleet are in the forecast for parts of Oklahoma. Others could get just rain. Northwest Oklahoma could get some of the wintry mix.
An earthquake with a magnitude of 4.6 rattled central Kansas over the weekend and was strong enough to have been felt in Oklahoma and at least 19 other states. The U.S. Geological Survey reported it was felt as far east as South Carolina and Ohio, as far west as Utah and Arizona, north into Minnesota …
** The world’s oil and gas companies will undergo annual reviews by the International Energy Agency for how they’re doing on climate change and clean energy issues. The group released a report Sunday showing that oil and gas producers, including those owned by governments, spend on average just 1% of their total capital expenditure outside oil and gas. ** …
A former Oklahoma Corporation Commissioner who is now involved in advocating solar power development contends Oklahoma could become the 6th most solar-powered state in the U.S. It’s what former commissioner Jim Roth told an Oklahoma House interim study last fall. “It is the most abundant form of energy in the state,” he said during the …
